Industry Leader | Patrick O’Connell
In the video below Past SAIV President, Patrick O'Connell shares some insight into his property valuation career.
Announcement of the new 6th Council | SACPVP
Announcement of the new 6th Council, Administration staff and acting registrar The 6th Council of SACPVP was inaugurated on the 19th of October 2022 in Pretoria. The Council's main functions are: The registration of Professional Valuers, Professional Associated Valuers and Candidate Valuers. Maintenance of their integrity. Enhancement of their status. Improvement of their academic
Ethics in the Valuation Profession
There often exists a close similarity between ethics and morals within society, and quite often, the two are used interchangeably. However, it is important to understand that with reference to the former, there are multiple legal frameworks and guidelines that dictate standard professional practices that one needs to follow. While the latter, refers to an
Buying a Farm – a Valuer’s perspective | Growing a valuable pecan nut orchard part 2
PECAN NUTS AND SOIL Pecan nut trees do well in a well-drained deep soil with a medium texture. The alluvial soils along rivers are excellent for pecan nut trees, provided the permanent water level is at least 5 m or more below the soil surface to ensure good drainage. Clay content preferably not more than 35%, but
Buying a Farm – a Valuer’s perspective | Growing a valuable pecan nut orchard Part 1
Background and the South African market The pecan nut (Carya illinoinensis) is indigenous to North America, where it grows wild along the Gulf of Mexico and around the Great Lakes. The pecan nut tree can produce even when very old. There are 400-year-old trees in Mexico still bearing nuts. The Chinese began buying pecans in 2004.
SAIV Berg Seminar 2022
The South African Institute of Valuers (SAIV) hosted the Berg Seminar at Cathedral Peak Hotel, nestled in the beautiful and serene mountains of the Drakensberg. Taking place over 2days, the event kicked-off on Friday, 28 October and featured knowledgeable speakers providing insightful presentations. Georgina Smit, head of technical at the Green Building Council South Africa (GBCSA)
SAIV brings together industry leaders to discuss ESG within Valuations
16 November 2022. The South African Institute of Valuers (SAIV) hosted the Berg Seminar at the Cathedral Peak Hotel on 28 – 29 October 2022. The place was abuzz as the delegates arrived in anticipation of a great speaker line-up and an exciting programme outlined with presentations, panel discussions, entertainment and engaging networking sessions
Property Valuations 101
Written by: Jenny Falck Even though the property valuation profession in South Africa has a much larger profile than, say, 20 years ago, there are still many myths and uncertainties surrounding the profession, the environment in which it operates and the reasons for its existence. It is therefore essential that the What, Why, Who and
Concern and optimism for the property sector
SAIV Past President, Patrick O'Connell is featured in the latest issue of Asset Magazine, where he touches on a number of issues including retail constraints, investor concerns, office vacancies and outlook for 2023. When Asset last spoke to Patrick O'Connell, CEO of Spectrum Valuations & Asset Solutions, in October 2021, the country was anticipating
There are so many other contributing factors to value – An Example
Written by: Dave Furness In this article, we look at an example of the multiple value-attributing factors when determining the value of a property. A property is purchased at a price/value determined to have a market value of R2,000,000; it has also been determined that the escalation in values and prices achieved in the